Arm Holdings’ growth story could be just getting started as new products and services emerge from the chip revolution. A couple of years ago, semiconductor specialist Nvidia attempted to acquire a little-known company called Arm Holdings (ARM… Article Source https://www.fool.com/investing/2024/10/14/prediction-this-artificial-intelligence-ai-stock-w/
On Monday, Mizuho Securities adjusted its outlook for Broadcom Limited (NASDAQ:), raising its price target to $220 from the previous $190 while maintaining an Outperform rating. The upward revision reflects the potential revenue from Broadcom’s… Article Source https://uk.investing.com/news/company-news/analyst-raises-broadcom-stock-price-target-on-ai-custom-asic-collaboration-with-openai-outperform-rating-maintained-93CH-3734862
Quantum computers can outpace our fastest classical computers in very specific areas, a groundbreaking experiment suggests. Google Quantum AI researchers have discovered a “stable computationally complex phase” that can be achieved with existing… Article Source https://www.livescience.com/technology/computing/googles-sycamore-quantum-computer-chip-can-now-outperform-the-fastest-supercomputers-new-study-suggests
BUZZ-Amazon up, Scotiabank initiates coverage with ‘sector outperform’ on AWS strength ** Shares of Amazon.com AMZN.O up 1.2% at $188.87 ** Scotiabank starts coverage with a “sector outperform” rating and PT of $245, saying AMZN continues to… Article Source https://www.xm.com/research/markets/allNews/reuters/amazon-up-scotiabank-initiates-coverage-with-sector-outperform-on-aws-strength-53943876
AMD is set to overtake Intel once again, with their upcoming Ryzen 9 9900X outperforming Intel in benchmark tests. According to Geekbench, the Ryzen 9 9900X scored 3401 points in single-core performance, surpassing both its predecessor, the Ryzen 9 7900X, and Intel’s flagship chip, the Core i9-14900KS. Digital Trends notes that the Ryzen 9 9900X’s … Read more
Nvidia dominates the AI chip market with an 80% market share, powering key AI tasks with its GPUs. However, Amazon is making strides with its Trainium and Inferentia chips, offering cheaper alternatives to Nvidia. AWS, Amazon’s cloud computing business, is a major profit driver, reaching $100 billion in annual revenue. While Amazon may attract cost-conscious … Read more
AMD is making waves in the processor market with its latest release, prompting speculation about its potential to dominate. Intel’s recent launch of processors featuring a big.LITTLE design has caused AMD’s momentum to slow down. This shift has raised questions about the performance of the big.LITTLE architecture compared to traditional big-core designs. The competition between … Read more
Nvidia has been a top performer in the AI race, with a 149% increase in stock price in the first half of 2024 due to tripled revenue. However, the valuation of Nvidia appears high, with a forward P/E ratio of 45, which could limit gains. Other AI server stocks such as Supermicro (NASDAQ: SMCI) and … Read more
RBC Capital maintained its Outperform rating and $80.00 price target on Nutanix (NASDAQ:), following the company’s strong quarterly results that exceeded expectations. The company reported a robust pipeline of larger deals, including a significant eight-figure contract, and benefited from strategic moves like the partnership with Cisco (NASDAQ:). Despite uncertainties around deal closures and sales cycles, … Read more
Evercore ISI recently concluded a call for tactical improvement at HP Enterprise (HPE), as reported by StreetInsider.com. The call, which was led by Evercore ISI, aimed to identify opportunities for enhancements within HPE’s operations and strategy. The focus of the call was to pinpoint areas where HPE could make tactical adjustments to drive growth and … Read more